CFP Becomes Lions Gate Films, Inc.; Sackman Named President

CFP Becomes Lions Gate Films, Inc.; Sackman Named President

Independent film distribution and production company Cinepix FilmProperties (CFP) announced a name change yesterday, to Lions Gate FilmsInc. The announcement was made by Frank Giustra, chairman and CEO of LionsGate Entertainment Corp, parent company of the newly named entity. JeffSackman, until now Executive Vice President of CFP, was named President ofLions Gate Films. Andre Link and John Dunning, co-founders of CFP willretain their positions as CEO and Chairman, respectively, of Lions GateFilms.

The company will continue to operate in much the same way as it did as CFP,but will have increased access to financing from its parent company, LionsGate Entertainment Corp. Lions Gate Film will operate several divisions,including Lions Gate Productions, Lions Gate Releasing, Lions GateInternational, Les Film Lions Gate, Avalanche Home Entertainment and LionsGate Home Entertainment.

Lions Gate has two films in competition at this year’s Sundance FilmFestival: Saul Rubinek’s “Jerry and Tom” and Vincent Gallo’s “Buffalo 66.”Past CFP releases have included: Oscar winners “Antonia’s Line”, “TheCrying Game” and “The Piano”, as well as “The Daytrippers”, “ThePillowbook” and “Sick: The Life and Death of Bob Flanagan, Supermasochist.”